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Bessent: Trump tariffs set to 'boomerang back' to higher rates if deals not reached
thehill.com/policy/international/5387036-tariff-reciprocal-rates-boomerang-back
Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug. 1 to the higher levels announced three months ago, if they don’t strike a deal with the U.S. sooner.
In Sunday show interviews, Bessent doubled down on President…
This story appeared on thehill.com, 2025-07-06 20:51:42.